U-3 And U-6 Unemployment Rate Long-Term Reference Charts As Of January 10, 2020

Of course, there are many other employment charts that can be displayed as well.

For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective. Both charts are from the St. Louis Fed site. The U-3 measure is what is commonly referred to as the official unemployment rate; whereas the U-6 rate is officially (per Bureau of Labor Statistics) defined as:

Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force

Of note, many economic observers use the U-6 rate as a (closer) proxy of the actual unemployment rate rather than that depicted by the U-3 measure.

Monthly Archive To 2009

Sites

Similar to other sites, this site uses various cookies. By using this site you agree to the use of these cookies as well as the site's Terms Of Use and Privacy Policy. The following notice provides more information on various cookies utilized and how to delete or block them. Cookie Policy